Market News
Boeing (BA)
Boeing towed the first 747-8 Freighter out of the factory in Everett, Washington.
The 747-8 Freighter is the new high-capacity 747 that will give cargo operators the lowest operating costs and best economics of any freighter airplane while providing enhanced environmental performance.
Nov 14 · 3:48:00 PM · Source: CNN
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by Michael Oliveto
American Express (AXP)
American Express Business Travel, has been named the “World’s Leading Business Travel Agency” by World Travel Awards.
With more than 180,000 travel professionals and key suppliers casting votes, the award recognizes American Express Business Travel for service excellence and the commitment to achieving best-in-class travel and expense management.
Nov 14 · 3:44:00 PM · Source: Business Wire
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by Michael Oliveto
Amazon (AMZN)
Amazon said that it's going to offer Web-based services to businesses in Asia starting next year.
Amazon Web Services LLC provides cloud computing, storage, database and other services to businesses. The company will open locations in Singapore in the first half of 2010, with other "availability zones" opening in the latter half of next year in the same region.
Nov 14 · 3:42:00 PM · Source: Forbes
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by Michael Oliveto
Boise Cascade Holdings (BZ)
Boise Cascade Holdings Friday said it posted earnings of $26.2 million, up from a year-earlier loss of $207.6 million. The company said the latest quarter's results included $28.2 million of non-cash income associated with its equity investment in Boise, a paper-products maker, while the prior year had a $208.1 million write-down related to the investment. Sales dropped 20% to $579 million.
Nov 13 · 11:58:00 AM · Source: Company News
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by Larry Etter
Media Sciences International Inc. (MSII)
Media Sciences International, independent manufacturer of color toner cartridges and solid inks for use in color business printers, Friday said it posted a fiscal first quarter loss of $259,000, or $0.02 per share, versus net income of $477,000, or $0.04 per share, in the year-ago quarter, which included a non-recurring $1,500,000 litigation settlement recovery. Net revenues were $5,507,000, a $245,000 or 4% decrease year-over-year and an $118,000 or 2% decrease over the prior quarter.
Gross margin at 38.7% of net revenues, versus 45.6% for the same period last year.
Nov 13 · 11:50:00 AM · Source: Company News
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by Larry Etter
Pepsico (PEP)
The Board of Directors of PepsiCo, Inc. (NYSE: PEP) today declared a quarterly dividend of $0.45 per share on PepsiCo common stock. The dividend is payable January 4, 2010, to shareholders of record on December 4, 2009. This quarterly dividend is a 6 percent increase versus the comparable year-earlier period.
Nov 13 · 11:42:00 AM · Source: Company News
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by Larry Etter
Suntech Power Holdings (STP)
Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's leading manufacturer of crystalline silicon photovoltaic (PV) modules, Friay said it expects to develop approximately 20% of the 91MW of solar projects that were approved under China's Solar Rooftop Program.
Nov 13 · 11:38:00 AM · Source: Company News Release
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by Larry Etter
Cadence Pharmaceuticals Inc. (CADX)
Cadence Pharmaceuticals, said Friday the U.S. Food and Drug Administration (FDA) has extended the Prescription Drug User Fee Act (PDUFA) goal date for its Priority Review of the New Drug Application (NDA) for intravenous (IV) acetaminophen by three months. The extended PDUFA goal date is February 12, 2010.
The company said it remains confident in its NDA submission and will continue to work closely with the FDA toward the potential approval of intravenous acetaminophen, noting it is now planning for a launch early in the second quarter of 2010.
Nov 13 · 11:34:00 AM · Source: Company News Release
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by Larry Etter
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